Close/Open Balance Sheet Batch Job
Closes or opens a balance sheet for a fiscal year.
Additional Information
At the end of every fiscal year, Italian companies need to analyze how their business activities are performed. This analysis is basically a calculation of the difference between costs and revenues. If the costs are higher than the revenues, there is a loss in the company business. Reversely, if the revenues are higher than the costs, the company has realized a profit.
The Close/Open Balance Sheet batch job helps you to analyze the costs and revenues based on the balance sheet.
Options
| Field | Description |
|---|---|
Fiscal Year Ending Date |
Specify the fiscal year end date that you want to use for the balance sheet. |
Gen. Journal Template |
Specify the journal where the lines will be posted for the closing balance. |
Gen. Journal Batch |
Specify the journal batch that will be used for the closing balance. |
Document No. |
Specify a document number that will be used for the closing balance. |
Closing Account No. |
Specify a closing account that will be used for the closing balance. |
Posting Description |
Enter a description of the closing balance. |
Gen. Journal Template |
Specify the journal where the lines will be posted for the opening balance. |
Gen. Journal Batch |
Specify the journal batch that will be used for the opening balance. |
Document No. |
Specify a document number that will be used for the opening balance. |
Opening Account No. |
Specify an opening account that will be used for the opening balance. |
Posting Description |
Enter a description of the opening balance. |
Business Unit Code |
Select if you are completing a consolidation balance. |
Dimensions |
Specify a code that will be included in the posting lines of the opening or closing balance. |
Tip
For more information on how to work with batch jobs, see How to: Run Batch Jobs and How to: Set Filters. For assistance in finding specific pages, see Search.